Financial Analyst, FSN – 11

Job Description

Title: Financial Analyst, FSN – 11

Company Name: USAID Bangladesh

Vacancy: 01

Job Location: Dhaka

Employment Status: Full-time

Educational Requirements:
∎ Bachelor of Commerce (BCom) in Finance, Accounting, business administration

Experience Requirements:
∎ At least 7 year(s)
∎ The applicants should have experience in the following area(s): Accounts, Finance Management

Job Responsibilities:
∎ 1. Portfolio Financial Management, Monitoring and Risk Management
∎
∎ Performs or participates in a variety of related duties such as the following: (a) Pipeline Analysis, other financial indicator analysis, Sec. 1311 and Accrual Reviews, Validation of Counterpart/Cost Sharing Contributions; forward funding analysis; (b) Prepares mission-wide and project specific financial reports on portfolio/activity (e.g. Quarterly Financial Review Report) (c) Advises and assists Host Government Officials, Recipients, Contractors, and others, concerning Activity/Program financial matters dealing with budgeting, cash flow projections, financial management, accounting, and internal controls; audit requirements and procedures; and Activity/Program implementation; (d) Conducts end-use checks in coordination with the Contract/ Agreement Officers Representative (C/AOR), Activity/ Program Managers and the Office of Acquisition and Assistance; and (e) Prepares letters, USAID Mission Orders, Administrative Notices, special reports, and other correspondences concerned with Program and Operating Expense (OE) financial matters that may be required. Coordinates the conduct of the annual Federal Manager’s Financial Integrity Act (FMFIA) Review of management controls for the Mission and works closely with the cognizant support and technical offices, to address required corrective actions in order to obtain full resolution and closure of any identified FMFIA deficiencies, weaknesses and findings. Coordinates or participates in the annual Enterprise Resource Management (ERM) process.
∎ 2. Financial Reviews
∎ As appropriate or required, conducts comprehensive financial reviews in the form of control environment and risk assessments, cost effectiveness assessments, disbursement reviews, indirect cost rate reviews, pre-award survey, pre-closeout and closeout reviews on USAID-funded organizations to determine the levels of accountability and adequacy of control environments within those. Identifies and coordinates the capacity building needs endorsed and/or determined from pre-award assessments, develops an Action Plan or a Scope of Work (SOW) to address those, and oversees implementation. In conjunction with assessments conducted, participates in the conduct of relevant FM training and technical assistance to the Mission, Recipients and Contractors, and to the Host Country Government--aimed at strengthening internal controls and management systems; and at building the capacity of local Non-Governmental Organizations (NGO) and of Host Country Government Implementing Agencies.
∎ 3. Audit Management
∎
∎ In line with the Agency’s Audit Management and Resolution Program and accountability requirements, the incumbent acts as the Audit Management Officer’s designee for the assigned portfolios and assists Technical Offices in meeting their audit management responsibilities. Assists in the interpretation of audit findings and recommendations, gathering of data, drafting of replies, and implementation of corrective actions geared towards timely resolution and closure of audit recommendations. Coordinates with Host Country Supreme Audit institutions, USAID Regional Inspector General, and other FAs on outstanding audit resolution and capacity building implementation. Analyzes, initiates, and takes follow-up actions on audit recommendations by issuing memoranda of corrective actions to ensure effective utilization of Mission-provided resources in compliance with applicable procedures and regulations.
∎ 4. Project Design Assistance
∎ As a member of the Development Objective Team (DO) advises Mission Management and CORs/AORs/Activity Managers on the financial feasibility of complex technical activities; adequacy and reasonableness of Activity/Program Dollar and Local Currency budgets and total costs; alternative sources and appropriate methods of financing; Activity/Program financial reporting, and audit requirements. As appropriate, analyzes revenues to be generated and establishes financial rates of return or other types of financial ratios. Drafts, or coordinates the drafting, of the financial and related aspects of the Activity/Program documentation such as the Activity Approval Documents, Implementation Letters, Development Objective Agreements, Contracts, Grants, Cooperative Agreements, and other funding documents. Formulates Activity/Program Dollar and Local Currency budgets or financial plans.
∎ C. SUPERVISORY RELATIONSHIP
∎ Under the general supervision of the Controller and/or Deputy Controller or designee. Performs assignments independently, referring difficult questions to the supervisor or, in the case of technical questions, to the Activity Manager, Cognizant Technical Officer, of the Development Objective Team Leader. Advice and recommendations are reviewed but rarely challenged or changed on technical grounds. Completed work is reviewed for soundness, completeness, and conformity with policies and USAID procedures.

Additional Requirements:
∎ A minimum of seven years of progressively responsible, professional-level
∎ experience in financial analysis, auditing, or business management consulting is required. Of this experience, at least two years of conducting audits is required. Also, at least two years of relevant experience with a US Government agency, an international organization, or a USAID/international donor organization implementing partner is required.
∎ Person with disability are encouraged to apply

Salary: Tk. 293795 - 537494 (Monthly)

Compensation & Other Benefits:
∎ T/A, Mobile bill, Tour allowance, Medical allowance, Provident fund, Weekly 2 holidays, Insurance, Gratuity
∎ Festival Bonus: 2

Job Source: Bdjobs.com Online Job Posting.

Application Deadline: 25 Feb 2022

Company Information:
∎ 26 Jan 2022
∎ USAID Bangladesh
∎ Address : US Embassy, Baridhara, Dhaka
∎ Web : www.usaid.gov/bd
∎ Business : The largest US agency in the US Embassy, Dhaka, Bangladesh.

Category: NGO/Development

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